04-03-2021
Mathematics

contestada

PLEASE ANSWER FAST HAVE TO FINISH TEST BY THE END OF THE DAY:

If Micah took out a $5000 loan on a 6-year payment plan and was charged 5% simple interest per year, what is the total amount he would have to pay back (I = Prt)

Respuesta :

anjola48 anjola48

04-03-2021

Step-by-step explanation:

0.05*6=0.3*5000=1500

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